The World's Best Book Summaries
What is Habit 2 of the 7 habits of highly effective people? What does Habit 2: begin with the end in mind mean? After tackling Habit 1 in the 7 Habits of Highly Effective People, you should be ready for Habit 2: Begin with the End in Mind. Beginning with the End in Mind prepares you for the task of writing your own destiny, and give you the tools to plot your chart.
What does it take to become a Hollywood A-lister? How can you use the strategies of mega-successful actors to be successful in your own life? According to Will Smith, the “keys to life” are running and reading. At the 2005 Nickelodeon Kid’s Choice Awards, Will Smith said, “The reason that reading is so important, there have been millions and billions and billions and gazillions of people that have lived before all of us, there’s no new problem you can have, with your parents, with school, with a bully, with anything. There’s no problem you can have that someone hasn’t already
The Minimum Viable Product (MVP) is one of the most important concepts in Lean Startup methodology. A well-designed MVP tests your core business hypotheses with a dramatically simplified product that saves you a huge amount of time and effort. The Concierge MVP, and its sibling the Wizard of Oz MVP, are clever techniques that replace a complicated technical product with humans. With minimal engineering time, you’ll be able to test the key question of your business: “does anyone even want what you’re building?” In this guide we’ll learn: what the Concierge MVP and Wizard of Oz MVP are examples of effective MVPs which MVP type to
The Lean Startup uses the term “Validated Learning.” What does this mean? How does it differ from normal learning, and what does the “validated” mean? Learn from Eric Ries how to conduct validated learning in your startup.
Votizen was a civil participation startup based around politics. It’s a key example in Lean Startup. But what happened to Votizen the company? Learn more about the lessons learned from Votizen’s near-failure and how it improved its way to success.
Once you’ve figured out an offering that offers superior utility to the customer, you need to figure out how to price it. How much should you charge for your blue ocean strategy product? Blue Ocean Strategy recommends using the price corridor, a way to maximize the success of your strategy. What is a price corridor, and how does it depend on your business? Learn more here.
How did Yellow Tail Wines use the blue ocean strategy to become a market leader in the ultra-competitive wine industry? Learn how Yellow Tail built a unique strategy canvas and used the eliminate/reduce/raise/create actions to build a truly unique wine.
Cirque du Soleil is one of the key examples given in Blue Ocean Strategy. How did a circus performer create a blue ocean outside of the red ocean of circuses, and create an incredibly valuable company? Learn more about Cirque du Soleil’s Blue Ocean Strategy here.
What is the Pioneer-Migrator-Settler Map? What does it mean for your business and Blue Ocean Strategy? Learn how you should have projects in each stage of the lifecycle, from pioneers to migrators to settler projects.
Blue Ocean Strategy ends with ten Red Ocean Traps that can deter you from creating blue oceans or that jeopardize your execution. These will be phrased as myths that are then debunked: